Group 1: Investor Relations Activities - The company conducted an analyst meeting on June 18, 2025, via an online conference, attended by various securities and asset management firms [3][4] Group 2: Autonomous Driving in Mining - In open-pit mining, autonomous driving applications are more prevalent but still in the experimental stage, with the company focusing on vehicle scheduling and management systems [4] - The company's auxiliary driving system has reached the 4th generation, nearing L2 level autonomous driving, and is included in the national safety equipment promotion list for 2024 [4] - In underground mining, the application of autonomous driving is limited due to communication and environmental challenges, requiring infrastructure improvements [5] - The company is developing intelligent transportation systems for underground mining, integrating IoT and AI technologies [5] Group 3: Client Base and Service Strategy - The core service target for the company's autonomous driving solutions is mining enterprises, with a strategy of "platform first, terminal adaptation" [6] - The company customizes intelligent management platforms and terminals for mining companies, ensuring compatibility with various equipment [6][7] Group 4: Competitive Landscape - The company differentiates itself from competitors like Zhijia by focusing on comprehensive solutions that integrate production needs with technology innovation [7] - Currently, there is no direct competition with Zhijia, but potential for future collaboration exists as the industry evolves [7] Group 5: Robotics Development - The company has been actively involved in the development of special robots since 2019, responding to national trends in mining automation [8] - Several inspection and transportation robots have been successfully deployed in coal mining projects, enhancing safety and economic efficiency [9] - The company aims to overcome technical bottlenecks in core components for mining robots, which will support the industry's intelligent upgrade [9] Group 6: Future Business Development - The company is focused on "smart mining as the main focus, smart municipal as a secondary focus, and 'IoT+' as a precursor" [11] - The new energy charging business is expected to play a significant role in the company's revenue, with a leading position in community electric bicycle charging operations [11] - The company plans to accelerate the promotion of its charging business nationwide and explore new growth areas aligned with its strategic direction [11]

Group 1: Company Overview and Strategic Developments - The company has established a wholly-owned subsidiary, Hangzhou Keda Smart Technology Co., Ltd., focusing on research and application in the digital economy and artificial intelligence sectors [3][4] - The subsidiary aims to leverage local talent and resources to collaborate with influential AI companies, promoting smart mining construction nationwide [4] Group 2: Financial Performance and Projections - The company's revenue from the new energy charging and swapping business is projected to grow significantly, with a year-on-year increase of 208.65% in 2024 [6] - Revenue in this sector is expected to rise from over 3 million CNY in 2022 to 97 million CNY in 2024, establishing the company as a leader in the community charging segment [6] Group 3: Market Position and Growth Potential - The company holds approximately 40% market coverage in large-scale mines (annual output of 10 million tons) and about 15% in medium-sized mines (annual output of 5-8 million tons) [13] - The smart mining market is anticipated to grow, driven by national policies and increasing demand for intelligent construction solutions [13] Group 4: Research and Development Initiatives - The company is actively developing autonomous driving technologies for mining vehicles, with several systems already recognized as typical cases for application by the Ministry of Industry and Information Technology [9] - The company has introduced a mining operation model that integrates AI technology, enhancing operational efficiency and service capabilities [10] Group 5: Financial Challenges and Cost Management - In Q1 2025, the company faced a loss due to increased sales expenses (2.0882 million CNY), R&D expenses (1.7140 million CNY), and financial costs (4.2580 million CNY), totaling an increase of 8.0602 million CNY [15] - The company is focusing on enhancing market competitiveness and product coverage to improve profitability [15] Group 6: Product Offerings and Innovations - The company has developed standardized intelligent products for smart mining, including control, communication, sensing, and software solutions, as well as specialized mining robots [18] - The M-CPS smart mining solution is designed to enhance safety and efficiency in mining operations, focusing on various operational aspects [18]